General News
WTO: Full Drag of Trump Tariffs to Hit Trade Growth in 2026
Merchandise trade volumes are forecast to rise 2.4% this year, the Geneva-based forum said in a report Oct. 7 — much faster than the 0.9% growth it predicted in August.
Exxon Mobil Sees $500 Million Rebound in Q3 Refining Margins
Exxon is the first of the oil majors to post quarterly earnings guidance and often sets the trend for the industry.
Canada’s Carney Visits Trump Ahead of USMCA Review
One of the world’s most durable and amicable alliances has been fractured by Trump’s trade war and annexation threats.
Tesla Plans to Unveil Cheaper Version of Model Y Today
The cheaper vehicle will lack certain features and use less premium materials to offset the loss of the up to $7,500 federal tax credit that the U.S. stopped offering.
Car Shipper Hoegh Drops on Weaker Trade and Port Fee Warning
U.S. port fees on China-built vessels are due to commence Oct. 14.
Trump Approves Alaska Road Project, Stake in Trilogy Metals
President Donald Trump reversed a Biden administration decision blocking the construction of Ambler Road in Alaska, a move he said would open up critical energy and mining projects.
Lucid Production, Deliveries Disappoint as Tax Credit Expires
Lucid Group’s electric vehicle production fell short of Wall Street’s forecasts during the third quarter as the car maker contends with the elimination of the consumer tax credit.
Brazil Posts Export Growth, Resisting Hit From US Tariffs
Brazil’s overall exports grew last month as greater shipments to destinations like China and Argentina blunted the hit from 50% tariffs imposed by the U.S. government, according to data.
Trump Delays US Tariffs on Heavy Truck Imports to Nov. 1
President Donald Trump said 25% duties on medium- and heavy-duty trucks would begin Nov. 1, the latest expansion of his tariff regime aimed at protecting domestic industries.
German Carmakers Receive EV Tax Boost Before Summit With Merz
Germany’s ruling coalition confirmed it will extend a tax exemption for new EVs as part of a broader effort to support the nation’s key car industry in the transition to more climate-friendly technologies.
FedEx Freight Completes Executive Team With New CFO Witt
Witt's appointment marks a return to familiar ground. He spent 15 years at FedEx earlier in his career, including in senior finance leadership positions at FedEx Freight.
Walmart to Open $300M Fulfillment Center in North Carolina
The facility is expected to open in 2027, and will ship large items to consumers, sometimes for next-day delivery.
Crossword Puzzle Solution for October 6, 2025
Here's the solution to the crossword puzzle found in the October 6, 2025 print edition.
DOT Funding for Rural Air Service Could Lapse Oct. 12
The Essential Air Service supports more than 170 communities across the U.S. and in Puerto Rico, with Alaska relying most heavily on it.
Guy Fieri’s Tequila Stolen in Double Brokering Scheme
"How do you lose, you know, that many thousands of bottles of tequila?" Fieri told "60 Minutes." He said that if a theft like this can happen to his company, “then everybody’s vulnerable.”
If Trump Tariffs Are Ruled Illegal, Refund Chaos Is Expected
Companies that paid the $165 billion in customs duties collected so far this fiscal year won’t have an easy time getting their money back.
Tesla Teases New Product Unveiling
Tesla last added a new product to its lineup almost two years ago with the Cybertruck, and the polarizing pickup has been a disappointment.
Stellantis Plans $10 Billion in US Investments, Reports Say
Stellantis is focused on reclaiming the success of the Jeep brand and considering fresh investment into Dodge, which could result in a new Dodge V8 muscle car, and possibly the Chrysler brand.
Trump Plans Aid Package for Soybean Farmers
But farmers are worried that time is quickly running out to reach a trade deal with China in time to sell any of this year’s crop to their biggest customer.
OPEC+ to Raise Oil Production by 137,000 Barrels per Day
The alliance has been raising output slightly in a series of boosts all year, after announcing cuts in 2023 and 2024.